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(SeattlePI)   Want to buy an old Porsche for $50,000 that Bill Gates owned in 1988? No? Well, here it is anyway   (seattlepi.com) divider line 33
    More: Silly, Porsche, Bill Gates  
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3290 clicks; posted to Geek » on 24 May 2012 at 2:40 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-05-24 02:52:00 AM
Times are tough. Even Gates is feeling the pinch.
 
2012-05-24 02:57:30 AM
I've seen this episode before. It was some John Voight's Chrysler, not Jon the actor.
 
2012-05-24 03:06:58 AM
Only if you replace the missing C and fill it up with gas.
 
2012-05-24 03:09:53 AM
Sick of cheap Chinese knock-offs.
 
2012-05-24 03:27:10 AM
What's next? Henry Ford ll's 1973 Thunderbird? Richard Nixon's 1950 Oldsmobile? Where are they now?
 
2012-05-24 03:28:08 AM
Crap, how can one be able to certify the money he's paying with was Bill Gates', 30 years ago?
Are the bank notes marked?

/English, how does it work?
 
2012-05-24 04:22:33 AM
I was hoping it was his 959. For $50K, hell yeah.
 
2012-05-24 04:27:23 AM

Kevin72: What's next? Henry Ford ll's 1973 Thunderbird? Richard Nixon's 1950 Oldsmobile? Where are they now?


I want Kennedy's 1961 Lincoln Continental.
 
2012-05-24 04:28:48 AM

Doctor Jan Itor: I was hoping it was his 959. For $50K, hell yeah.


Yeah I was expecting the 959 too
 
2012-05-24 05:33:03 AM
2.bp.blogspot.com
DO NOT PROVOKE THE LAWN
 
2012-05-24 05:39:02 AM
It comes with broken windows :-(
 
2012-05-24 06:13:14 AM
Who really cares that Gates used to own it?

It's not like Gates is famous for driving a car.

Even if he were it's still just like any other 30 year old Porsche in that condition.

I saw Hitler's car once. Well, the museum it was in actually admitted they couldn't confirm it was Hitler's, but they were told it was or something. It was only $1 to see that and the rest of the crap they had there.

Oh yeah - their big attraction was "The Thing" though.

www.doney.net

It was worth $1 after seeing billboards for it all the way across New Mexico.
 
2012-05-24 08:03:17 AM
cache.jalopnik.com

now, if it were THIS one...
 
2012-05-24 08:24:17 AM
Funny, doesn't look like it has ever crashed...
 
2012-05-24 08:41:54 AM

ABQGOD: Funny, doesn't look like it has ever crashed...


Does it have a blue windscreen?
 
2012-05-24 09:22:51 AM

FlashHarry: [cache.jalopnik.com image 478x358]

now, if it were THIS one...


Wow. They really worked hard to make the 911 look ugly. Gaah!
 
2012-05-24 09:29:43 AM
$50k for that old ass Porsche and an equally old Alpine in teh dash? Pfft...$50k will get you this instead.

www.blogcdn.com
 
2012-05-24 09:31:34 AM

AverageAmericanGuy: Times are tough. Even Gates is feeling the pinch.


I stopped by the house Friday after work and Bill had switch from his usual blanc de blanc to a 30 pack of Coors Light.
 
2012-05-24 09:41:58 AM
Well... What is a 1979 Porsche 911 worth? How much of a premium is this pricing?

I am getting a smirk out of the idea that Bill, after the company started making serious bank on MSDOS, bought a 9 year old Porsche rather than a new one. That's almost down to earth.
 
2012-05-24 09:51:24 AM

wildcardjack: Well... What is a 1979 Porsche 911 worth? How much of a premium is this pricing?

I am getting a smirk out of the idea that Bill, after the company started making serious bank on MSDOS, bought a 9 year old Porsche rather than a new one. That's almost down to earth.


The blue book site I went to only went back to '92 where a 911 Turbo goes for around $46,000 still. I was surprised it was that high, so maybe classic Porshes appreciate...?

Also, when Gates hit it big there were all kinds of stories about his frugality - flying coach, same clothes all the time, etc... I've noticed that people who are smart with money have no problem spending it on things they want, but will scrimp and save on the things that are less important to them. I imagine he's loosened the purse strings a little these days...
 
2012-05-24 10:36:26 AM

animal900: wildcardjack: Well... What is a 1979 Porsche 911 worth? How much of a premium is this pricing?

I am getting a smirk out of the idea that Bill, after the company started making serious bank on MSDOS, bought a 9 year old Porsche rather than a new one. That's almost down to earth.

The blue book site I went to only went back to '92 where a 911 Turbo goes for around $46,000 still. I was surprised it was that high, so maybe classic Porshes appreciate...?

Also, when Gates hit it big there were all kinds of stories about his frugality - flying coach, same clothes all the time, etc... I've noticed that people who are smart with money have no problem spending it on things they want, but will scrimp and save on the things that are less important to them. I imagine he's loosened the purse strings a little these days...


All air cooled 911s are currently appreciating. Even the 993s. From looking at a few recent sales, $50k is just about right for a turbo of this period. Depending on trim, could be another $10k.
 
2012-05-24 11:03:27 AM
Well, if Bill Gates is just going to give me the $50,000 he owned in 1988, then sure.
 
2012-05-24 11:31:02 AM
High retail on a really nice 1988 911 Turbo is ~46k, so that's not outrageous.
 
2012-05-24 11:32:31 AM

rohar: animal900: wildcardjack: Well... What is a 1979 Porsche 911 worth? How much of a premium is this pricing?

I am getting a smirk out of the idea that Bill, after the company started making serious bank on MSDOS, bought a 9 year old Porsche rather than a new one. That's almost down to earth.

The blue book site I went to only went back to '92 where a 911 Turbo goes for around $46,000 still. I was surprised it was that high, so maybe classic Porshes appreciate...?

Also, when Gates hit it big there were all kinds of stories about his frugality - flying coach, same clothes all the time, etc... I've noticed that people who are smart with money have no problem spending it on things they want, but will scrimp and save on the things that are less important to them. I imagine he's loosened the purse strings a little these days...

All air cooled 911s are currently appreciating. Even the 993s. From looking at a few recent sales, $50k is just about right for a turbo of this period. Depending on trim, could be another $10k.


I should read threads before posting.
 
2012-05-24 12:10:23 PM

quokka70: FlashHarry: [cache.jalopnik.com image 478x358]

now, if it were THIS one...

Wow. They really worked hard to make the 911 look ugly. Gaah!


that's a porsche 959. a true supercar. gates bought one back in the day but couldn't drive it on US roads legally. not sure what he ever did with it.
 
2012-05-24 01:15:35 PM
No thanks. It probably smells like nerd farts.
 
2012-05-24 01:46:24 PM

FlashHarry: quokka70: FlashHarry: [cache.jalopnik.com image 478x358]

now, if it were THIS one...

Wow. They really worked hard to make the 911 look ugly. Gaah!

that's a porsche 959. a true supercar. gates bought one back in the day but couldn't drive it on US roads legally. not sure what he ever did with it.


He may still have it. There were a couple others imported to the US under "show and display" rules, but IIRC, the fed.gov created another category for such vehicles (not street legal in the US and never federalized) that allowed for some public street use. The mileage per year was something like only 200 miles- you could take it out for a little bit every couple months or so, but for any real driving you'd have to truck it to a track.
 
2012-05-24 02:11:02 PM
Hmmm...surprisingly the NADA value is $32k for "average" and $44k for high.
 
2012-05-24 05:00:56 PM

akula: He may still have it. There were a couple others imported to the US under "show and display" rules, but IIRC, the fed.gov created another category for such vehicles (not street legal in the US and never federalized) that allowed for some public street use. The mileage per year was something like only 200 miles- you could take it out for a little bit every couple months or so, but for any real driving you'd have to truck it to a track.


Isn't that the case with the Lamborghini Countach? Also heard a rumor that you could only get one-day insurance for the Countach.
 
2012-05-24 05:06:03 PM

cretinbob: Hmmm...surprisingly the NADA value is $32k for "average" and $44k for high.


On low volume classics, NADA is useless. Going to go pick up an 83 turbo for a client this weekend. $15k over NADA, still best deal in the country this year.
 
2012-05-24 08:18:13 PM

downstairs: akula: He may still have it. There were a couple others imported to the US under "show and display" rules, but IIRC, the fed.gov created another category for such vehicles (not street legal in the US and never federalized) that allowed for some public street use. The mileage per year was something like only 200 miles- you could take it out for a little bit every couple months or so, but for any real driving you'd have to truck it to a track.

Isn't that the case with the Lamborghini Countach? Also heard a rumor that you could only get one-day insurance for the Countach.


No, the Counting is 100% street legal.
 
2012-05-24 08:21:38 PM

OBBN: downstairs: akula: He may still have it. There were a couple others imported to the US under "show and display" rules, but IIRC, the fed.gov created another category for such vehicles (not street legal in the US and never federalized) that allowed for some public street use. The mileage per year was something like only 200 miles- you could take it out for a little bit every couple months or so, but for any real driving you'd have to truck it to a track.

Isn't that the case with the Lamborghini Countach? Also heard a rumor that you could only get one-day insurance for the Countach.

No, the Counting is 100% street legal.

COUNTACH Stupid auto-correct
 
2012-05-25 11:31:56 AM

rohar: cretinbob: Hmmm...surprisingly the NADA value is $32k for "average" and $44k for high.

On low volume classics, NADA is useless. Going to go pick up an 83 turbo for a client this weekend. $15k over NADA, still best deal in the country this year.


Kelley didn't even go back that far, and I assume the higher number would have to be immaculate condition.

Yeah I remember years and years and years ago (I still kick myself over this from time to time), I passed on a 1966 912 for $5k.
I'm not a big car guy, but that was nice.
 
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